- The Company was recognized as a Representative Vendor in the 2020 report

    Locus, a global B2B SaaS company that automates human decisions in the 
supply chain, today announced that it has been identified as a Representative 
Vendor in the Gartner 'Market Guide for Vehicle Routing and Scheduling' 
report1. Gartner is a leading research and advisory company.


    The report gives an overview of the Vehicle Routing and Scheduling market 
and lists vendors. "Vehicle routing and scheduling (VRS) applications are 
evolving into solutions in which the routing algorithm is almost becoming a 
secondary feature. There is an increased focus on new technologies, such as 
machine learning (ML) and artificial intelligence (AI), and on functions such 
as last-mile fulfillment and customer experience," says the report.

    The Locus platform uses deep machine learning and proprietary algorithms to 
offer smart logistics solutions like route optimization, real-time tracking, 
insights and analytics, beat optimization, efficient warehouse management, 
vehicle allocation and utilization. Locus also helps companies optimize their 
end-to-end supply chain network with its strategic consulting offering.

    Locus presently works with top clients across Southeast Asia, North 
America, Europe, and India. It has offices in the USA, India, Indonesia, and 
Vietnam. The top management of the company includes executives from Amazon Web 
Services (AWS), Barclays Capital, Google, and BlueDart (a DHL company), and 
data scientists with PhDs from Carnegie Mellon University and the University of 
Illinois, among others. 

    "We believe being named by Gartner Market Guide for Vehicle Routing and 
Scheduling as a Representative Vendor reinforces the value we add to our 
customers. Supply chains have become increasingly complex these days. On top of 
it, COVID-19 has made life tougher and exposed the lack of collaboration, 
coordination, and visibility in the supply chain. Locus' solutions help 
streamline supply chain operations, thereby bringing supply chain to the 
forefront of businesses," said Nishith Rastogi, Chief Executive Officer, Locus. 

    Locus has achieved a peak of 2 million+ orders processed in a day (200,000 
orders an hour). The company's solutions are now tried and tested on over 500 
million+ order deliveries, and its operations have expanded to 1000+ cities 
across the globe.

    The company has so far raised $29 million from tier-1 investors including 
Tiger Global, Falcon Edge, Blume Ventures, Exfinity Venture Partners & growX 
ventures.

    Gartner subscribers can log in to read the full research on the website.

    1Gartner, "Market Guide for Vehicle Routing and Scheduling," Oscar Sanchez 
Duran, Bart De Muynck, 23 June 2020.

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    About Locus:

    Locus is a deep-tech platform that automates human decisions in the supply 
chain to provide efficiency, transparency, and consistency in logistics 
operations.

    The platform uses deep machine learning and proprietary algorithms to offer 
smart logistics solutions like route optimization, real-time tracking, insights 
and analytics, beat optimization, efficient warehouse management, vehicle 
allocation and utilization. Locus powers more than two million deliveries daily 
across Southeast Asia, the Indian Subcontinent, Europe, and North America. 
Visit www.locus.sh to know more.

    Media Contact:

    Please reach out to - Marketing@locus.sh

    Logo: https://mma.prnewswire.com/media/1197609/Locus_Logo.jpg

 
    Source: Locus